2013年12月16日星期一

ACI 3I0-008 exam practice questions and answers

Have tough-minded boy only, ability appeases billows, hoist the sails Yuan Hang. Our ACI 3I0-008 exam dumps are the first step to bring you achievement. It provides you with pdf real questions and answers. By choosing it, you must put through ACI 3I0-008 certification that other people think it is very difficult. After you get the certification, you can lighten your heart and start a new journey.

Pass4Test not only provide the products which have high quality to each candidate, but also provides a comprehensive after-sales service. If you are using our products, we will let you enjoy one year of free updates. So that you can get the latest exam information in time. We will be use the greatest efficiency to service each candidate.

Through the feedback of many examinees who have used Pass4Test's training program to pass some IT certification exams, it proves that using Pass4Test's products to pass IT certification exams is very easy. Recently, Pass4Test has developed the newest training solutions about the popular ACI certification 3I0-008 exam, including some pertinent simulation tests that will help you consolidate related knowledge and let you be well ready for ACI certification 3I0-008 exam.

Pass4Test can provide professional and high quality products. It is the industry leader in providing IT certification information. To selecte Pass4Test is to choose success. Pass4Test's ACI 3I0-008 exam training materials is your magic weapon to success. With it, you will pass the exam and achieve excellent results, towards your ideal place.

Exam Code: 3I0-008
Exam Name: ACI (ACI DEALING CERTIFICATE)
One year free update, No help, Full refund!
Total Q&A: 320 Questions and Answers
Last Update: 2013-12-16

If you prepare for the exam using our Pass4Test testing engine, it is easy and convenient to buy. Just two steps to complete your purchase, we will send the product to your mailbox quickly. And you only need to download e-mail attachments to get your products.

The ACI 3I0-008 certification exam is not only validate your skills but also prove your expertise. It can prove to your boss that he did not hire you in vain. The current IT industry needs a reliable source of ACI 3I0-008 certification exam, Pass4Test is a good choice. Select Pass4Test 3I0-008 exam material, so that you do not need yo waste your money and effort. And it will also allow you to have a better future.

It is not easy to absorb the knowledge we learn, so, we often forget these information. When you choose our ACI 3I0-008 practice test, you will know that it is your necessity and you have to purchase it. You can easily pass the exam. To trust in Pass4Test, it will help you to open a new prospect.

3I0-008 Free Demo Download: http://www.pass4test.com/3I0-008.html

NO.1 Click on the <> Button to view the Formula Sheet.
Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that
deposit is called:
A.Break-even rate
B.Implied forward rate
C.Forward-forward rate
D.All of the above
ANSWER: d

ACI original questions   3I0-008   3I0-008 braindump   3I0-008 answers real questions

NO.2 Click on the <> Button to view the Formula Sheet.
Prior to expiration, an in-the-money option has:
A.Intrinsic value but no time value
B.Time value but no intrinsic value
C.Both time value and intrinsic value
D.Neither time value nor intrinsic value
ANSWER: c

ACI   3I0-008 questions   3I0-008   3I0-008 certification

NO.3 Click on the <> Button to view the Formula Sheet.
Which of the following is issued by auction?
A.Treasury bill
B.CD
C.BA
D.USCP
ANSWER: a

ACI study guide   3I0-008   3I0-008 exam dumps   3I0-008   3I0-008 demo

NO.4 Click on the <> Button to view the Formula Sheet.
The extension of an off-market rate could have the following implications:
A.An unauthorised extension of credit to the counterparty.
B.Deferring a loss to a future date.
C.Deferring an income to a future date.
D.All of the above.
ANSWER: d

ACI practice test   3I0-008 answers real questions   3I0-008   3I0-008 exam dumps   3I0-008 study guide   3I0-008 dumps torrent

NO.5 Click on the <> Button to view the Formula Sheet.
In the international market, a FRA in USD is usually settled with reference to:
A.BBA LIBOR
B.Fed funds
C.ISDA LIBOR
D.EURIBOR
ANSWER: a

ACI   3I0-008 braindump   3I0-008   3I0-008 dumps torrent

NO.6 Click on the <> Button to view the Formula Sheet.
You have done the following deals in spot USD/JPY:
Sold USD 5.0 million at 130.60
Bought USD 3.5 million at 130.20
Bought USD 2.0 million at 130.50
Sold USD 2.0 million at 130.55
What is your net position and average rate?
A.Short USD 1.5 million at 130.46
B.Long USD 1.5 million at 130.46
C.Short USD 1.5 million at 131.60
D.Long USD 1.5 million at 131.60
ANSWER: c

ACI   3I0-008   3I0-008   3I0-008

NO.7 Click on the <> Button to view the Formula Sheet.
Taking collateral to hedge the credit risk on a counterparty means that you have:
A.Eliminated credit risk
B.Eliminated market risk
C.Taken a guarantee from the issuer of the collateral
D.Taken on market, legal and operational risks
ANSWER: d

ACI   3I0-008   3I0-008   3I0-008

NO.8 Click on the <> Button to view the Formula Sheet.
What are some of the major objectives of The Model Code?
A.To clarify the roles of dealers, brokers and customers
B.To promote a high level of ethical, professional behaviour
C.To act as a guide in the absence of government regulation
D.All of the above
ANSWER: d

ACI test   3I0-008   3I0-008 demo   3I0-008 certification training   3I0-008

NO.9 Click on the <> Button to view the Formula Sheet.
Four banks provide you with quotes in CHF/SEK. Which is the best price for you to buy SEK?
A.5.5825
B.5.5820
C.5.5815
D.5.5830
ANSWER: d

ACI   3I0-008   3I0-008 test questions   3I0-008 study guide

NO.10 Click on the <> Button to view the Formula Sheet.
Although The Model Code discourages the extension of forward FX contracts at their historic rates, one of
the conditions required for this is:
A.Prior management approval has been sought.
B.They are executed within six months.
C.They are extended for not more than one year.
D.All of the above.
ANSWER: a

ACI exam simulations   3I0-008 demo   3I0-008   3I0-008   3I0-008 exam dumps

NO.11 These are all the pirctures which this dumps will use. When you meet the questions, you can refer to
them by yourself.
A
B
C
D
E
F

NO.12 Click on the <> Button to view the Formula Sheet.
A 1-month (30-day) USCP with a face value of USD 5 million is quoted at a rate of discount of 2.31%.
How much is the paper worth?
A.USD 4,884,500.00
B.USD 4,990,375.00
C.USD 4,990.506.85
D.USD 4,990,393.49
ANSWER: b

ACI certification   3I0-008 certification training   3I0-008 test   3I0-008   3I0-008 exam dumps

NO.13 Click on the <> Button to view the Formula Sheet.
What is the amount of the principal plus interest due at maturity on a 1-month (31-day) deposit of EUR 50
million placed at 3.67%?
A.EUR 50,152,916.70
B.EUR 50,155,849.30
C.EUR 50,158,013.90
D.EUR 50,161,888.90
ANSWER: c

ACI test   3I0-008   3I0-008   3I0-008

NO.14 Click on the <> Button to view the Formula Sheet.
The 180-day GBP/USD rate is bid 62 and the 90-day GBP/USD rate is bid 29.
What is the bid rate for 120 days, assuming straight-line interpolation?
A.33
B.42
C.27
D.40
ANSWER: d

ACI   3I0-008 dumps   3I0-008   3I0-008 test   3I0-008

NO.15 Click on the <> Button to view the Formula Sheet.
What is the Overnight Index for GBP?
A.SONIA
B.STINA
C.LIBOR
D.EONIA
ANSWER: a

ACI exam   3I0-008 answers real questions   3I0-008 braindump   3I0-008 certification

NO.16 Click on the <> Button to view the Formula Sheet.
What is the ISO code for platinum
A.XAU
B.XAG
C.XPT
D.XPD
ANSWER: c

ACI test   3I0-008 dumps torrent   3I0-008 exam   3I0-008

NO.17 Click on the <> Button to view the Formula Sheet.
The position delta of an in-the-money short put option is:
A.Between -0.5 and -1
B.-0.5
C.Between +0.5 and +1
D.+0.5
ANSWER: c

ACI demo   3I0-008   3I0-008 pdf   3I0-008 pdf

NO.18 Click on the <> Button to view the Formula Sheet.
The seller of a floor:
A.Receives compensation if a reference interest rate falls below an agreed level
B.Pays compensation if a reference interest rate falls below an agreed level
C.Receives compensation if a reference interest rate rises above an agreed level
D.Pays compensation if a reference interest rate rises above an agreed level
ANSWER: b

ACI   3I0-008 questions   3I0-008

NO.19 Click on the <> Button to view the Formula Sheet.
Written confirmation is a function that can be done by:
A.Any dealer as long as he/she is not a party to the trade.
B.Staff in the back-office.
C.Staff in the dealing room who are not dealing.
D.Any staff outside the dealing room.
ANSWER: b

ACI   3I0-008 dumps   3I0-008 certification training

NO.20 Click on the <> Button to view the Formula Sheet.
What are the secondary market proceeds of a CD with a face value of EUR 5 million and a coupon of 3%
that was issued at par for 182 days and is now trading at 3% but with only 7 days remaining to maturity?
A.EUR 4,997,085.03
B.EUR 5,000,000.00
C.EUR 5,071,086.45
D.EUR 5,072,874.16
ANSWER: d

ACI test answers   3I0-008 test questions   3I0-008 study guide

NO.21 Click on the <> Button to view the Formula Sheet.
If a counterparty's name is not acceptable to a lending bank, that bank:
A.Can revise the rate according to his credit position for the counterparty.
B.Should not revise the rate.
C.Can revise the rate but only with the consent of senior management.
D.Can revise the rate according to the credit rating of the counterparty
ANSWER: b

ACI exam dumps   3I0-008   3I0-008

NO.22 Click on the <> Button to view the Formula Sheet.
Making interest rate swap transactions subject to agreement on documentation:
A.Is recommended where the complications of the transaction warrant the practice.
B.Is strictly forbidden.
C.Is considered bad practice.
D.Must have senior management approval.
ANSWER: c

ACI   3I0-008 questions   3I0-008

NO.23 Click on the <> Button to view the Formula Sheet.
One of your major customers is visiting your bank and wishes to meet you and see the dealing room.
What is the Model Code recommendation?
A.There is no problem.
B.There is no problem provided the visitor is a member of your customers management and not a dealer
for the customer.
C.There is no problem with a short, one-off visit approved by management.
D.Non-treasury personnel and visitors should not be allowed into the dealing room.
ANSWER: c

ACI braindump   3I0-008 pdf   3I0-008 questions

NO.24 Click on the <> Button to view the Formula Sheet.
Covered interest arbitrage is possible when:
A.The low interest rate currency depreciates
B.There is a large swing in the spot rate
C.The values of the forward points and of the interest rate differential between two currencies diverge
D.The interest rate differential widens rather than narrows
ANSWER: c

ACI   3I0-008 exam prep   3I0-008

NO.25 Click on the <> Button to view the Formula Sheet.
Which of the following will tend to have the higher yield?
A.Treasury bill
B.Repo against Treasury bill collateral
C.They have the same yield
D.Cannot say
ANSWER: b

ACI original questions   3I0-008   3I0-008 practice test   3I0-008 exam

NO.26 Click on the <> Button to view the Formula Sheet.
Voice-brokers in spot FX are remunerated with:
A.Commission paid by both parties at rates agreed beforehand
B.A fee paid by the seller
C.Bid/offer spread
D.A share of the bid/offer spread
ANSWER: a

ACI original questions   3I0-008 demo   3I0-008   3I0-008 certification   3I0-008

NO.27 Click on the <> Button to view the Formula Sheet.
Which of the following currencies is quoted on an actual/365 basis for the calculation of interest on
interbank deposits in London?
A.EUR
B.JPY
C.GBP
D.CHF
ANSWER: c

ACI   3I0-008   3I0-008   3I0-008 test questions

NO.28 Click on the <> Button to view the Formula Sheet.
It is now permissible in most markets for brokers to be owned by banks and other principals. Where there
is shared management, or a shareholding or other investment in a broker by a counterparty:
A.The broker is not obligated to reveal the connection provided Chinese Walls are in place.
B.The broker is not obligated to reveal the connection in the professional market.
C.The broker should advise the other counterparty of the connection.
D.The matter is covered in the Model Code.
ANSWER: c

ACI answers real questions   3I0-008   3I0-008   3I0-008   3I0-008 demo

NO.29 Click on the <> Button to view the Formula Sheet.
If EUR/USD is 1.1025-28 and the 6-month swap is 112.50/113, what is the 6-month outright price?
A.1.1380-1.11405
B.1.11375-1.1141
C.1.09125-1.0915
D.None of these
ANSWER: b

ACI dumps torrent   3I0-008   3I0-008   3I0-008   3I0-008 exam

NO.30 Click on the <> Button to view the Formula Sheet.
In case of a default on a repo by the seller:
A.The buyer can liquidate the collateral
B.The buyer has to liquidate the collateral
C.The buyer cannot liquidate the collateral until the seller is declared insolvent
D.A court is appointed to decide what happens to the collateral
ANSWER: a

ACI questions   3I0-008 dumps torrent   3I0-008   3I0-008

Pass4Test offer the latest 000-781 exam material and high-quality VCAD510 pdf questions & answers. Our 700-501 VCE testing engine and VCP510PSE study guide can help you pass the real exam. High-quality VCAW510 dumps training materials can 100% guarantee you pass the exam faster and easier. Pass the exam to obtain certification is so simple.

Article Link: http://www.pass4test.com/3I0-008.html

没有评论:

发表评论